US stocks end in green as indices hit records

Dow adds 0.43%, S&P gains 0.27%, Nasdaq climbs 0.37%

​​​​​​​By Mucahithan Avcioglu

ISTANBUL (AA) - US stocks ended the second trading day of the week with gains, with all three major indices closing at records.

The Dow rose 0.43%, or 196.39 points, to close at 45,711.34.

The Nasdaq added 0.37%, or 80.79 points, to close at 21,879.49, and the S&P 500 climbed 0.27%, or 17.46 points, at 6,512.61.

The rise in markets came despite signs of a slowdown in the US job market.

According to a preliminary report from the Bureau of Labor Statistics (BLS), annual revisions to the non-farm payroll data for the year before March 2025 revealed a decrease of 911,000 jobs from initial estimates, exceeding expectations.

Retail trade (-126,200), professional and business services (-158,000) and leisure and hospitality (-176,000) had the largest downward revisions.

White House spokeswoman Karoline Leavitt emphasized that the revision is one of the largest in recent years, saying job growth under former President Joe Biden was much weaker than previously reported.

Investors, meanwhile, are focused on inflation data that will be released later this week for more insight into the overall state of the economy after lower-than-expected non-farm payrolls data Friday.

Analysts said expectations that the Fed will cut interest rates at its meeting this month have strengthened following weak employment data.

Producer inflation data will be announced on Wednesday and consumer inflation data Thursday.

Apple's shares fell 1.48% after it unveiled its latest series of iPhone 17 smartphones, along with its new Watch Series 11 and AirPods Pro 3.



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